Redi2 Technologies, the premier provider of hosted fee billing and revenue management solutions to the global financial services industry, announced today that Pershing LLC, a Bank of New York Mellon company, has licensed the Redi2 Revenue Manager[WMSP] enterprise billing system
The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) is introducing a streamlined approach for requests for registration of no-action relief from commodity pool operators (CPO) who delegate certain activities to a registered CPO. The
Joe Truelove (pictured), Head of Fund Services at Carey Group explores the uses of offshore stock exchanges, such as the Channel Islands Securities Exchange… The key reasons for listing a company on an offshore stock exchange are in principle the
By James Williams, Managing Editor, Hedgeweek – January proved to be a sluggish start for hedge funds. According to the Preqin All-Strategies Hedge Fund Benchmark, the average hedge fund returned 0.07 per cent although unlike James Bond, this was hardly likely
RiverPark Advisors has launched the RiverPark Focused Value Fund (Institutional: RFVIX; retail: RFVFX), a high conviction strategy to be managed by former hedge fund manager David Berkowitz. Berkowitz is also joining RiverPark as the firm’s new co-chief investment officer. He
CME Group has announced the first trades of its new Physically Delivered Cocoa futures contract (contract code CCP), which were launched yesterday on its European exchange, CME Europe. A total of 240 contracts traded through four delivery months out to
S&P Dow Jones Indices (S&P DJI), has launched two new indices – S&P GSCI Gold Inverse and S&P GSCI Silver Inverse – designed to provide the inverse returns of the S&P GSCI Gold and the S&P GSCI Silver indices respectively, which
Global asset management group Gottex Fund Management Holdings is on target to achieve operational profit by the end of 2015, according to the company’s annual results statement for 2014. Gotten says that synergies from the merger with EIM Group (EIM)
A new report issued by India’s Ministry of Finance recommends allowing over-the-counter (OTC) non-capital-raising American depositary receipt (ADR) programmes on any kind of securities, not only equity. Neil Atkinson, Asia-Pacific head of depositary receipts at BNY Mellon, believes this is
Global valuation and corporate finance advisor Duff & Phelps has promoted eight new managing directors. “These eight professionals personify Duff & Phelps’ commitment to best-in-class expertise and superior client service,” says Noah Gottdiener, CEO of Duff & Phelps. “I welcome
